What are the free cash flows of a firm with revenues of $600 million, net profit margin of 55%, operating profit margin of 30%, tax rate of 26%, reinvestment rate of 30%, and dividend payout rate of 5%?
a) $53.3 million |
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b) $66.6 million |
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c) $79.9 million |
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d) $86.6 million |
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e) $93.2 million |
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Answer:
Option C
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